Click here to get this article in PDF
FOX Company host Stuart Varney says 'inflation is not limited to power' throughout his 'My Take.'
…
STUART VARNEY: Rising cost of living is not limited to power. The cost of wheat has actually increased an unbelievable 50 percent given that February 24th. When the war started. You get a shock at the gas station. You get a shock at the grocery store.
What's Biden mosting likely to do concerning it? Not much. He discusses investing more cash to reduce prices. Not sure that works. He is stated to be thinking about going on with the keystone pipeline. Little bit late for that.
What's the Fed doing regarding it? Jay Powell will certainly increase interest rates a quarter factor this month. That won't do a lot short-term.
…
Subscribe to Fox Organization!
See more Fox Business Video:
Watch Fox Business Network Live:
FOX Organization Network (FBN) is an economic information network supplying real-time info throughout all platforms that affect both Main Street as well as Wall Road. Headquartered in New York City– the business capital of the globe– FBN released in October 2007 as well as is one of the leading service networks on television, having topped CNBC in Organization Day customers for the 2nd consecutive year in 2018. The network is offered in virtually 80 million homes in all markets across the USA. Had by FOX Firm, FBN is a device of FOX News Media as well as has bureaus in Chicago, Los Angeles, as well as Washington, D.C.
Comply With Fox Service on Facebook:
Adhere To Fox Service on Twitter:
Follow Fox Company on Instagram:
Stuart Varney warns of US inflation spiral amid Russia-Ukraine war
FOX Business host Stuart Varney argues 'inflation is not limited to energy' during his 'My Take.'
...
STUART VARNEY: Inflation is not limited to energy. The price of wheat has risen an astonishing 50 percent since February 24th. When the war began. You get a shock at the gas station. You get a shock at the grocery store.
What's Biden going to do about it? Not much. He talks about spending more money to lower costs. Not sure that works. He is said to be considering going ahead with the keystone pipeline. Bit late for that.
What's the Fed doing about it? Jay Powell will raise interest rates a quarter point this month. That won't do much short term.
...
Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness
